Allen Fagin is Bullish on Litigation Finance

[Gunnar Larson]

Check out my new article:
https://litigationfinancejournal.com/allen-fagin-is-bullish-on-litigation-finance/

Allen Fagin is Bullish on Litigation Finance

Allen Fagin is a former partner of Proskauer Rose LLP, where he served as
the firm’s chairman from 2005 to 2011. Today, Mr. Fagin is a senior advisor
and board member of Validity Finance LLC. Recently, Mr. Fagin penned an
op-ed for Reuters Westlaw on the innovative aspects of litigation finance
that are contributing to the United States’ legal system.

Writing in Westlaw Today
<https://validityfinance.com/wp-content/uploads/2022/02/Westlaw-TR_Musingsofa-Former-Firm-Chairman_Feb-2022.pdf>,
Mr. Fagin reports that litigation finance is now widely embraced by large
firms, with 76% of in-house attorneys reporting usage of ligation finance
tools. Mr. Fagin goes on to assert that legal finance will continue to grow
in popularity over the next decade. Fagin forecasts that many law firm
leaders will continue to explore the benefits of litigation finance to meet
and even exceed client expectations, while expanding the firm’s bottom
line.

Fagin points to new research findings of the 2021 Law Firm Business Leaders
Report, published jointly by Georgetown Law and the Thomson Reuters
Institute … highlighting that 80% of law firm leaders are empowered to
drive innovation in their office. While this seems exciting, the same study
points out that 47% of respondents felt that firm partners were a barrier
to such innovation.

Check out
<https://validityfinance.com/wp-content/uploads/2022/02/Westlaw-TR_Musingsofa-Former-Firm-Chairman_Feb-2022.pdf>
Fagin’s
complete op-ed to learn more.
-- 
*Gunnar Larson - xNY.io <http://www.xNY.io> | Bank.org <http://Bank.org>*
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